News

Payments Innovation
Payments Speed and Security Acceleration Driven by Behavioral Expectations
May 23, 2024

The future of payments won’t be built overnight. But progress is being made almost every single day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Faster Payments
Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
May 23, 2024

The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Bargain-Hunting Shoppers Drive Price Wars Among Retailers
May 22, 2024

The retail industry is reportedly witnessing a fierce battle among major players as they compete for the attention of bargain-hunting shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Biometrics
Worldcoin Ordered to Stop Iris-Scanning Operations in Hong Kong
May 22, 2024

Worldcoin, the eyeball-scanning digital identity startup co-founded by OpenAI CEO Sam Altman, has been ordered to cease its operations in Hong Kong. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

International
City of London Seeks to Boost Competitiveness, Foreign Investment
May 22, 2024

The City of London, the administrator of the financial district of the United Kingdom, is reportedly grappling with concerns about the district’s competitiveness and the need for foreign investment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Max Retail Raises $15 Million to Expand Excess Inventory Marketplace
May 22, 2024

Max Retail has raised $15 million in a Series A round to expand its marketplace that helps independent retailers and brands sell excess inventory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Amazon, Microsoft and Others Agree on AI Safety Commitment at Seoul Summit
May 22, 2024

Artificial intelligence companies from around the globe came together to address the growing concerns surrounding the safety and responsible development of advanced AI systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024

Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
The AI Arms Race Heats Up Ahead of Nvidia Earnings
May 22, 2024

Artificial intelligence (AI) is experiencing a gold rush, and Nvidia is at the center of it all. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...